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AfDB probe: Independent panel exonerates Adesina, cleared to contest reelection in Aug

An independent panel of experts, headed by former Irish President Mary Robinson, has cleared the beleaguered leader of the African Bank of Development, Akinwumi Adesina, of corruption allegations, according to AFP. Adesina, 60, a charismatic speaker known for his elegant suits and bow ties, became the first Nigerian to helm the AfDB in 2015 – […]

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CBN: Banks’ unrecovered debts now N1.2tn

The Central Bank of Nigeria on Monday put the total figure bad debts in the books of money deposit banks in the country, at the end of June at N1.2tn. This amounted to about 6.4 per cent of the gross credit of the banks to the economy which stood at N18.9tn as of the period […]

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Jegede Akeredolu

Akeredolu admits difficulty to defeat PDP candidate, Jegede

Governor Rotimi Akeredolu has expressed optimism that he would win the October 10 Ondo State governorship poll, under the All Progressives Congress (APC). Akeredolu said this shortly after meeting with the APC Election Appeal Committee at the party’s National Secretariat in Abuja on Monday. He advised the candidate of the Peoples Democratic Party (PDP), Mr. […]

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UBA announces six new country chiefs

Pan-African financial services group United Bank for Africa Plc (UBA) has announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley Ulinfun and Usman Isiaka as chief executive officers of six of its 20 subsidiaries across Africa, subject to regulatory approvals. According to a ststement from the bank on Monday, the new […]

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Bode George tells Buhari to re-open investigation of Funsho Williams’ brutal murder

It has been 14 years now when a terrible dark cloud fell upon the Lagosian entity and upon all lovers of freedom. It was really a very sad day on that horrific July 27, 2006 as the blood soaked body of Engineer Funsho Williams was discovered in his Dolphin residence in Ikoyi. Funsho Williams, the […]

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NCC explains reasons for revising Complaints Categories and Service Level Agreements

The Nigerian Communications Commission (NCC) said it undertook a revision of the framework stipulating the processes for resolving consumer complaints arising from service delivery by telecoms operator in order to achieve greater effectiveness in the sector and to strengthen the protection of telecoms consumers and other stakeholders. Tagged: Complaints Categories and Service Level Agreements (CC/SLA), […]

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We have uncovered plans to destabilise Nigeria-DSS

The Department of State Services (DSS) has uncovered plans by some persons and groups desirous of taking advantage of latest developments in parts of the country to destabilise it. Some prominent personalities and socio-cultural groups have resorted to divisive acts through inciting statements aimed at pitting individuals, groups and ethnic nationalities against another. The Service […]

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Makinde to Adelabu: You are out to play cheap politics over N100bn bond

The governorship candidate of the All Progressives Congress (APC) in the 2019 election, Mr. Adebayo Adelabu, has been counseled to rise above cheap politics in his criticisms of the state’s Prosperity Bond unveiled last Wednesday. Chief Press Secretary to Governor Seyi Makinde of Oyo State, Mr. Taiwo Adisa, stated this in a statement in Ibadan, […]

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UBA restates importance of small businesses with hosting of MSME workshop

In its continuous bid to support the growth of Micro Small and Medium Enterprises(MSME) and equip them with the necessary tools aimed at strengthening and sustaining their businesses, Pan African Financial Institution, United Bank for Africa (UBA) Plc is set to organise another MSME Workshop for entrepreneurs. The workshop which will hold on Wednesday via […]

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Dangote Cement records N162.9bn half year profits

Africa’s largest cement producer, Dangote Cement Plc, has announced a Profit Before Tax (PBT) of N162.90 billion for the six months ended June 30, 2020, even as two block makers have emerged winners in its ongoing Spell and Win a million national consumer promo. According to the unaudited results of the company released on the […]

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Magu faces fresh questions over assets declaration, recovered NNPC billions, misapplication of N3bn in FIRS trial, victimization

There are strong indications that the Presidential Investigative Panel headed by former President of the Court of Appeal, Justice Ayo Salami, may be focusing attention on the assets declaration of the suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu. As early indications appear to show he may not have […]

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NCC: Telcos mobile porting activities stood at 23,505 in May + breakdown of incoming, outgoing movements

Telecommunications service providers in the country carried out 23,505 Mobile Number Portability activities in May. The Nigerian Communications Commission (NCC) disclosed this in the Incoming and Outgoing Porting Activities of Mobile Network Operators report. Using this system, subscribers can change their service providers under the Mobile Number Portability (MNP). MNP is a process that allows […]

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